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Causes of Growth in Transition Countries 1990-2012: Comparative Analysis

Mirjana Čizmović and Milenko Popovic ()

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: This paper provides comparative analysis of the proximate causes of growth of South East European, Central European and Former Soviet Union countries. The first section covers comparative sources of growth analysis for GDP. Apart from this conventional sources-of-growth analysis, both the demand and the industry side decomposition of the GDP growth rate, is given in second section of the paper. In the demand side of the sources-of-growth analysis, special attention is devoted to the issue of the level of capital account liberalisation and its influence on the growth anatomy. Connected with this is the issue of industry / sectors side sources-of-growth analysis. The third section covers comparative source-of-growth analysis for GDP per capita as an approximation of growth of standard of living. The results of the above mentioned different sources-of-growth approaches present a good basis for further research of fundamental causes of growth of these countries.

Keywords: Causes of Growth; Proximate causes; Fundamental causes; Convergence (search for similar items in EconPapers)
JEL-codes: O47 O52 (search for similar items in EconPapers)
Date: 2014-09
New Economics Papers: this item is included in nep-cis and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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